US tariffs: Shoemakers take measured steps

India’s non-leather footwear industry in Tamil Nadu, a hub for global brands, faces a potential crisis due to a looming 50% US tariff. Brands like Nike and Crocs may pause new export orders, fearing eroded competitiveness compared to Vietnam and Indonesia. Apparel exporters are also pressured to shift US production elsewhere.

More From Author

US duty bump jolts JLR, dents Tata Motors profit in Q1

<div>‘Treat independent directors as stewards of accountability’</div>

Leave a Reply

Your email address will not be published. Required fields are marked *